Millions of dollars in purchases came from the whale as the price of PEPE Coin stabilized! - Coin Bulletin

Pepe (PEPE) whale made another purchase worth approximately 2.24 million dollars with the price increase.

As the popular cryptocurrency Pepe (PEPE) continues to benefit from the recent market volatility, large investors are seizing the opportunity to increase their holdings. The recent move of a crypto whale accumulating a large amount of PEPE has once again shifted the focus to this token in the market.

Spot On Chain, which makes a new on-chain data sharing, announced that a large investor called a whale bought 98,612 billion Pepe (PEPE) for approximately 2.24 million dollars about 9 hours ago. This large purchase also strengthened expectations that the recent rise in Pepe's price could continue.

Pepe's current price, which has caught the attention of investors again, rose by 6.4% in the last 24 hours to the level of 0.0006516 dollars according to CoinGecko data. During this period, PEPE traded as low as 0.5667 dollars and as high as 0.6516 dollars. Despite a 12.8% decline in the cryptocurrency's performance over the past week, the 30-day decline reached 24.2%.